Uep Systems Bankrupt?

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The developer may be in financial straits, but their work evidently continues regardless.

By IGN Staff

In a terse announcement posted earlier this week on its website, Japanese developer Uep Systems, the originators of the Cool Boarders series and other console games, announced that it was bankrupt. The announcement was prompted by a decision from the Tokyo District Court, which rejected an earlier motion made by the company.

Uep's current project is Shaun Palmer's Pro Snowboarder, to be published by Activision. According to Activision representatives, work on the game is proceeding apace, and a press tour to show the game is scheduled for next week. They had no comment on any possible financial difficulties that Uep might be experiencing.